Publication Date
5-1992
Journal
Vanderbilt Law Review
Abstract
The article examines the limitations of competition among municipalities in constraining the abuse of land use exactions and impact fees, arguing that while competition provides some checks, it is insufficient to prevent distortions in land markets. It critiques the Tiebout hypothesis, which assumes that intermunicipal competition leads to efficient allocation of public goods, and highlights how monopoly power in certain land uses undermines this theory. The analysis emphasizes the need for legal constraints to address the exploitation of landowners and ensure exactions align with the external costs of development.
Volume
45
Issue
4
First Page
831
Last Page
868
Publisher
Vanderbilt Law School
Disciplines
Courts | Land Use Law | Law | Property Law and Real Estate | State and Local Government Law
Recommended Citation
Stewart E. Sterk,
Competition Among Municipalities as a Constraint on Land Use Exactions,
45
Vand. L. Rev.
831
(1992).
https://larc.cardozo.yu.edu/faculty-articles/1153
Included in
Courts Commons, Land Use Law Commons, Property Law and Real Estate Commons, State and Local Government Law Commons